Craftsman Automation FY26: ₹8,069 Cr revenue, PAT +91%

Stock snapshot and why FY26 results matter

Craftsman Automation is an automobiles-sector engineering company that has been in focus after reporting record FY26 numbers. The stock snapshot shared alongside the update showed a price of ₹8,489.50, down 0.90% on the day, with a market capitalisation of ₹20,252.20 crore and a PE ratio of 53.22. The same dataset also listed strong trailing performance of +14.75% in one month, +25.84% in six months, and +59.11% over one year. Separately, another line item in the provided information mentioned a “Current Price ₹6,792”, indicating different reference points across updates.

FY26 headline numbers: revenue, EBITDA, and profit

For FY26, Craftsman Automation Limited reported its highest-ever consolidated revenue of ₹8,069 crore. Consolidated EBITDA was ₹1,300 crore, up 51% year-on-year. Profit after tax (PAT) came in at ₹384 crore, up 91% year-on-year. The company’s update positioned FY26 as a record year on the back of growth in operations and segment scale.

Q4 FY26 performance: growth continued into the last quarter

In Q4 FY26, consolidated revenue rose 27% year-on-year to ₹2,226 crore. PAT for the quarter increased 73% year-on-year to ₹116 crore. The Q4 growth rates complemented the full-year record and showed that momentum continued through the end of the fiscal year.

Segment mix: Aluminium Products led the year

The Aluminium Products segment was the largest contributor in FY26, reporting revenue of ₹4,789 crore. That accounted for 59% of the consolidated total for the year, as stated in the results update. The prominence of aluminium also aligns with other company disclosures that repeatedly point to aluminium as a key growth driver.

Dividend recommendation and leadership continuity

Alongside the FY26 results, the board recommended a final dividend of ₹11.25 per share. The same update also noted the re-appointment of key leadership for five-year terms. In earlier disclosures for the year ended March 31, 2025, the company had recommended a final dividend of ₹5 per equity share of face value ₹5, subject to shareholder approval at the AGM.

Restructuring moves in the aluminium business

Craftsman Automation’s board has discussed restructuring of the Aluminium Products business across multiple meetings. On February 13, 2026, the board approved evaluation of an internal restructuring to consolidate aluminium operations under a single subsidiary level, with options including a scheme of arrangement under the Companies Act, 2013. On March 11, 2026, the board approved a comprehensive phased restructuring plan via a composite scheme of arrangement involving DR Axion India Limited and Sunbeam Lightweighting Solutions Limited. The disclosure stated the entities showed combined turnover of ₹2,535.98 crore as of March 31, 2025.

Fund-raising signals: board meeting scheduled in May 2026

The company informed BSE that a board meeting was scheduled on May 16, 2026 to consider and approve a proposal for raising of funds, under relevant SEBI listing regulations. This comes after the company’s earlier fund-raise through QIP in June 2024.

QIP details: ₹1,200 crore raised at ₹4,400 per share

In the quarter ended June 30, 2024, Craftsman Automation issued 27,27,272 equity shares (face value ₹5) through a Qualified Institutions Placement at an issue price of ₹4,400 per share, aggregating ₹1,200 crore. The objects included repayment or pre-payment of certain borrowings, acquisition of balance equity shares of DR Axion India Private Limited, and general corporate purposes. The company stated that the proceeds were fully utilised for the stated objects during the period under consideration. The disclosures also stated that post the issue, paid-up share capital was ₹11.9278 crore, divided into 2,38,55,583 equity shares of ₹5 each.

Other corporate actions: capex, asset sale timeline, and renewables

On January 28, 2026, the board approved a ₹60 crore investment for a new manufacturing plant in Ludhiana, to be 90% funded through loans, with an expected capacity increase of 5% within 9-12 months of commencement. Separately, the company extended Sunbeam’s asset sale agreement timeline with Shriram Pistons from March 31, 2026 to June 30, 2026 for a ₹28 crore transaction, with ₹10 crore received and ₹18 crore pending in tranches. On the renewables front, Craftsman Automation reported small equity investments under group captive schemes, including an additional ₹0.40 lakh investment in RC Green Powers Private Limited for wind power (3,950 shares) and a ₹0.12 lakh investment in Viksha Green Energy Private Limited for solar power (1,155 shares).

Regulatory and tax updates: GST and income tax matters

Craftsman Automation received an income tax order directing a disallowance of ₹5.30 crore for Assessment Year 2022-23 under section 263, and the company said it would take legal recourse while expecting no material impact on operations. It also faced a GST appeal ruling where the Commissioner (Appeals), Gurugram upheld a tax demand of ₹9.6289 crore and an equal penalty, taking the stated total liability to ₹19.2578 crore for the period 2017-18 to 2023-24; the company planned further appeals. In another update, it received a CGST order with a tax demand of ₹0.1107 crore (₹11.07 lakh) for FY 2019-20.

Key numbers at a glance

Market impact and what investors tracked

The FY26 earnings release provided concrete markers for investors: record revenue, a sharp rise in PAT, and a segment mix led by aluminium. In parallel, markets also had to digest multiple corporate updates including restructuring actions, expansion capex decisions, and timelines on asset divestment proceeds. Ratings actions were also part of the information flow, including a reaffirmation of long-term and short-term ratings and an upgrade for subsidiary Sunbeam in a March 2026 update. With the company also flagging a board meeting to consider fund raising in May 2026, investors had both performance data and capital-structure signals to track.

Conclusion

Craftsman Automation’s FY26 update combined record operating performance, a dividend recommendation, and continued emphasis on aluminium-led growth. Alongside the results, the company’s disclosures show ongoing work on aluminium business restructuring, expansion projects, and active balance-sheet actions ranging from QIP utilisation to asset sale proceeds. The next clear milestone in the disclosed calendar is the May 16, 2026 board meeting to consider a fund-raising proposal, as communicated to the exchanges.